FDIC Bewares Phishing E-mail Blitz

The Federal Deposit Insurance Corp. (FDIC) has revealed several reports associated with phishing emails purporting the agency, as published in mortgageorb.com on October 5, 2012.

FDIC aims to safeguard the money submitted by a member with the FDIC-insured bank, in case they are out of money.

As the email shows various differences in the subject lines, though the gist of the messages are common, claimed the FDIC as reported in mortgageorb.com on October 5, 2012. All these mails refer to the suspension of a recipient's capacity to carry out transfers through Automated Clearing House (ACH) and/or wire transfer. The recipients are motivated to install software by the email by hit it off on a provided link. They then declare that periodically will be re-established once the software update is installed.

The FDIC says that the emails and all the links are false. "Recipients must notice the objective of these emails to load malevolent software on the recipient's computer, or to accumulate private or confidential information. Recipients should not hit on the provided links. The FDIC generally do not dispatch undesired emails to any consumer or business account holder.

Disturbingly, malicious phishing emails of the above-mentioned types are increasing malware around the internet, commented the officials at FDIC.

To help diminish phishing email attacks of these typical types, some security tips have been issued to help identify such type of phishing emails. These include typo errors and grammatical errors. These errors are a clear sign of the email being fake.

Most false emails threaten to suspend an account if one does not respond right way (aforementioned case). The email asking immediate response by following the steps is clear fraudulent.

In a nutshell, this is not the first time that FDIC has been victimized in the last few months. In April 2012, a fraud email that looks the same as in publishers clearing house that made reference to the FDIC were caught. The emails fraudulently up-to-date the recipient that he is the winner of large cash prize.